Qualifyze Announce The Completion of their Series A Financing Round of $14 Million👏🏻

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Qualifyze founders David Schneider and Florian Hildebrand. Photo: Qualifyze

Qualifyze, the online platform for supplier audits, today announced the completion of a Series A financing round of $14 million.

The lead investor is HV Capital. The existing investors Cherry Ventures, Rheingau Founders, Axel Springer Porsche and Dr Udo Jung also participated again.

Qualifyze was created as part of doctoral research at TU Darmstadt in September 2017 with the vision of enabling companies to build and maintain secure and sustainable supply chains. Qualifyze builds the largest digital platform through which pharmaceutical companies can efficiently share data about their suppliers and manage audit processes. Benefits are created for all stakeholders. Since its seed financing just over twelve months ago, the team has been able to triple its sales and increase the customer base to over 400 customers. Behind Qualifyze is a 60-person, diverse team at two locations in Frankfurt and Barcelona.

Since 2000, HV Capital has invested in Internet and technology companies over various generations of funds and is one of the most successful and financially strongest early-stage and growth investors in Europe. HV Capital has already invested in around 200 companies, including Zalando, Delivery Hero, FlixMobility, Depop and SumUp. The total sum of all AGM funds is € 1.7 billion. The company supports start-ups with capital between € 500,000 and € 50 million. This makes HV Capital one of the few venture capitalists in Europe that can finance start-ups across all phases of growth.

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